Comments by "Jin Kee" (@JinKee) on "The Financial Diet" channel.

  1. Inflation is sticky. If you budget your profits using last year’s prices you go broke.
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  2.  @iqbalindaryono8984  inflation can be as high as the central bank wants it to be, because as they print currency units it bids up the price of everything. Look at the hyperinflations going on in latin america right now. By your lights no businesses should exist. Would those governments be trusted to care for their people having done such an injury to their livelihoods?
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  3. 7:40 the good news is that the peak of the baby boomers will retire in 2022. And then the experienced labor pool will fall off a cliff and we will need to train new hires for things like advertising agencies and manufacturing jobs. Also deglobalization and onshoring will bring back jobs to the CONUS. And a giant war will kill most people further tightening the labor market. If they survive, Gen Z will find it easy to find "employment" subsistence farming mushrooms in the cooling vents of the AI overlord mainframes.
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